Shares falter, oil prices stay elevated as US-Iran hostilities ramp up
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Shares falter, oil prices stay elevated as US-Iran hostilities ramp up
SINGAPORE: Stocks fell in Asia on Tuesday while oil prices retreated after the previous day’s surge but remained well above $100 a barrel, as the US and Iran traded blows over the Strait of Hormuz, leaving a fragile truce hanging in the balance. Traders also had their eyes on the yen after the Jap»»»
Shares slide, oil prices elevated as US-Iran truce prospects dim
Traders kept a close eye on the yen after a brief jump in the previous session sparked speculation of intervention from Tokyo. (EPA Images pic) SINGAPORE: Stocks in Asia slid on Tuesday while oil prices eased but remained well above US$100 a barrel, as the US and Iran continue to work towards a tru»»»
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